HF Sinclair: Fourth Quarter Earnings Overview

HF Sinclair Corporation Reports Fourth Quarter Loss

HF Sinclair Corporation, headquartered in Dallas, announced a net loss of $28 million for the fourth quarter.

The company reported a loss of $0.16 per share. However, after excluding one-time expenses, adjusted earnings reached $1.20 per share.

These adjusted earnings surpassed analysts’ expectations. According to Zacks Investment Research, the consensus estimate from five analysts was $0.44 per share.

During the quarter, HF Sinclair generated $6.46 billion in revenue, exceeding the $6.23 billion anticipated by three analysts surveyed by Zacks.

For the full year, the company achieved a profit of $579 million, or $3.08 per share, with total revenue amounting to $26.87 billion.